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Westports is really showing strong momentum lately because of the steady container volume growth and port expansion plans. Many people missed the rally but the fundamentals still look solid enough to hold for the long term.
Westports volume always damn stagnant one because institutional investors just treat this as a steady dividend play instead of a trading stock. Everything also stuck in range until the expansion project really show some massive earnings growth.
This increasing major due to the container handling charges will be increased to 30% (15% first, then another 15 % after 1-2 year, not directly increase for 30% immediately).
After the decision of container handling charges increment announced, the share price also increase for 30-40% already